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Equilibrium Outcome
The point at which market supply and demand balance each other, and, as a result, prices become stable.
Mixed Strategies Equilibrium
is a concept in game theory where each player in a game chooses a combination of actions and their associated probabilities to maximize their utility under uncertainty.
Equilibria
The state of balance in a market or other system where supply and demand are matched, and there is no tendency to change.
Dominant Strategies
In game theory, a strategy that is the best choice for a player, regardless of what the opposing player chooses.
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